The Manila Times on MSN4h
Global Ferronickel net income slumps in 2024 as ore prices drop
GLOBAL Ferronickel Holdings, Inc. (FNI) saw attributable net income in 2024 plunge by 50 percent to P743.9 million from P1.54 billion in 2023 as prices of nickel ore dropped, aggravated by demand ...
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Global Ferronickel unit starts exporting to China
In a disclosure, FNI said the MV Maple Unity left the INC anchorage at Brooke's Point in Palawan, carrying 60,117 wet metric tons (WMT) of 1.40-percent medium-grade nickel ore. "We are happy to ...